Bitcoin Forum

This is the 2nd most piece of Bullish news since we learned that the Xapo founder was a Billion in USD

I don't know why this could probably help people on that country to adopt bitcoin ,two tears ago getting a Bitcoin to load on your wallet is a pain in the ass,sometimes people from that country got scam from scrupulous traders now everything is easy now for them..

I like the Frozen coke I fill it with ICE on hot days turns out

the ICE is more valuable than the coke  :) they couldn't keep

up with my demand,

Anyway with such a big brand like 7/11 teaming up with

coins.ph  they have an advantage over the rest of us for now

Yeah that's true. It has been on for months already. But the transaction fee is almost ~30%. Imagine how much you just lost from buying BTCs. Most people in the Philippines prefer to buy from other people that they know has some bitcoins.

I never experience this thing before.  But the adoption of bitcoin here in our country is amazing you can load any time to your wallet in coins ph wallet.. the fee i think for every 1 btc 500 pesos or 0.024 actually not a fee its just a rate margin for every buy bitcoin or sell bitcoins..

The Philippines seems to be romping ahead in terms of Bitcoin cleverness. Having said that in this particular case there was ZipZap which was a very similar thing in the UK which was available for a while which appeared to precisely nothing to encourage adoption before disappearing and was available in 30,000 outlets.

how is the fee calculated or u just mean the prices quoted are 30% more expensive

same happens on local  bitcoins,

Any 7/11 store
Via mobile load (cash)
Remittance centers
ATM Deposit
Department stores
Online Bank Transfer
... and tellers scattered across the country

I have lots to thank for Coins.ph because it is what allowed me to participate in Bitcoin :) which subsequently was also what enabled me to transfer and earn cash online.

December 6th 2013 says it all

I just checked now, and it seems like the fee was reduced (I think) or was I mistaken about the fee and it was gamex's fee? I know that there's a way to buy bitcoins and the fee is ~30%. Probably gamex, though and not 7-11 of coinsph.



I used to buy bitcoin in coinsph by using share-a-load or pasaload even if the transaction fee is almost 10 pesos to 20 pesos.  Sadly, mobile load isn't supported by coins.ph anymore.

I heard this happened in Taiwan awhile ago, selling some kind of bitcoin value cards at 7-eleven. However, I heard the effect on mainstream adoption was not significant- I am not sure if they still do that but rumours say bitcoin is illegal in Taiwan.

It's legal there,

coins.ph is a very big help to all bitcoiner in the philippines.
it is because you can put your BTC here while keeping it, you can use it for loading business here too, it has a remittances, and banks
that you can transfer your money its up to us were we like to send it. :)

But not all 7//11 stores here in the Philippines are loading bitcoins at coins.ph wallet. Here in my town I already asked 2 7/11 stores if they have 7-connect(payment system to load bitcoin) but they said it is not available. I hope 7/11 stores that don't load bitcoin will be inform that they are accepting this transaction now.

I am using coins.ph but haven't tried loading up at 7 11. What i usually do is make an online fund transfer to their account and confirmation is almost always very fast. I find it a hassle to go to a store just to load my wallet. Or maybe I haven't found a way for me to benefit from such a service. But it is nice to read from other posts how they envy that the Philippines is among the big supporters of bitcoin all throughout the world. Being the social media capital really has its advantages.

Agree. not all the cashier know what bitcoin is. And there is cases that 7/11 is offlline .

Well, I'm taking advantage of coins.ph move in 7/11 convenience stores. Not only it has helped me do online shopping, it also helped me in recharging my steam wallet funds and make it a business (seeing that Steam has finally integrated bitcoin into their system PLUS it's much cheaper than any other steam wallet retailers out there). Spending a dollar for a 3-dollar profit is one of the most proudest things I've ever done in my life. Thanks to coins.ph and 7/11's partnership. Also I think that the general population of the Philippines are getting to know bitcoin little by little, which I think is a good thing for us all.

one step in the right direction in away , if only the fees where not as hight, but its good so more people will get their eyes open about bitcoins i guess.

But how about. 7/11 here in japan.? Can i deposit for my coins.ph account.?

The only annoying part when you are using 7/11 to buy bitcoin is their internet access.  I had experienced that i need to go to three 7/11 branches just to pay for the BTC i ordered.  The nearest one is offline, then the next one which is a 15 minute ride from where i'm from has intermittent connection and at last i got a less than a minute transaction on the 3rd branch.  :D .  I can say it is a breeze to buy BTC if the 7/11 branch  near you has good internet provider :D.